According to a report by the Wall Street Journal, the family of President Trump is considering an investment in Binance.US. This potential investment comes just a few years after Binance’s US subsidiary admitted guilt to breaching anti-money laundering regulations.

As a result of the guilty plea, Changpeng Zhao, also known as CZ and the founder of Binance, paid a $4.3 billion fine and served a four-month prison sentence in 2023. Additionally, he stepped down as CEO, although he remains the primary shareholder of the cryptocurrency exchange.

Currently, Zhao ranks as the 24th wealthiest individual globally, as per Forbes’ rankings. The Wall Street Journal claims that he has been seeking a pardon from the Trump administration.

Zhao’s conviction has created challenges for Binance in securing commercial partnerships in the US and obtaining crypto licenses in Europe. In a post on X, Zhao stated that he has not engaged in discussions regarding a Binance US deal with anyone, thus refuting the WSJ’s report.

If discussions between Binance and the Trump family’s representatives are indeed taking place, the situation seems to revolve around a fundamental question: what is the value of a presidential pardon?